English

Thursday, 16 October 2025

Ideal Holdings: 400 million euros for growth and acquisitions until 2028

Ideal Holdings’ three-year plan aims for revenues of 615 million euros and EBITDA of 81 million euros in 2028, without taking into account the possible impact of new agreements and…

LAMDA Marinas at the ICOMIA World Marinas Congress

LAMDA Marinas, a subsidiary of LAMDA Development, will participate in the ICOMIA World Marinas Conference 2025 as an Official Partner-Sponsor of the Gala Dinner. It will take place in Venice…

Wednesday, 15 October 2025

Supermarket: Reduced prices on over 2,000 items

More than 2,000 product codes with reduced prices are on supermarket shelves as of Wednesday, with the average discount reaching 8%. The new initiative, which is the result of the…

IMF for Greece: Growth at 2% and inflation at 3.1% in 2025

The IMF “sees” signs of resilience for the Greek economy. In its report on the World Economic Outlook, the Fund maintained the estimates for high growth rates both this year…

Korkidis: Piraeus open to synergies with German businesses focused on the port

The Piraeus Chamber of Commerce and Industry hosted on Tuesday the symposium on “Clean Technology for Shipbuilding and Shipping”, in collaboration with the German-Hellenic Chamber of Commerce and Industry with…

Kiriacoulis”: Renamed to Y/KNOT Invest

The listed company announced its intention to change its name and corporate identity to Y/KNOT Invest S.A. from “Kiriacoulis Mediterranean Cruises Shipping S.A.”, in order to align with the company’s…

METLEN achieves key milestones at Hirwaun Power Station in the UK

METLEN has achieved key milestones with the successful completion of the Gas Turbine First Fire and Base Load operation at Hirwaun Power Station, which is one of the three new…

Tuesday, 14 October 2025

Mylonas (NBG): Banks alone cannot guarantee the success of green transition

The issue of the cost of the green transition, as it is shaping up for Europe and Greece, within a fragmented international environment, was highlighted by Pavlos Mylonas, CEO of…

Greek banks changing their strategy in insurance

Banks are returning to normality after the decade of crisis, with the repurchase of their insurance companies, banking sources told “N”, after the Eurobank – Fairfax deal for 80% of…

Payment methods in e-commerce – What do Greek consumers prefer?

Trust, security and speed remain the defining criteria for Greek consumers in online shopping, according to the Nexi eCommerce Report 2024. Electronic payments have become established as a key part…

Greece and Panama strengthen maritime relations

H.E. Ambassador of Panama, Ms. Julie Lymberopulos Karnakis, was welcomed by the Hellenic Chamber of Shipping (HCC). HCC was represented by its President, George Alexandratos, the members of the Board…

IDEAL Holdings: Investment of 41 million euros from OHA

OHA (UK) LLP and its affiliated companies announced an additional investment of 41 million euros in cash in IDEAL Holdings, exercising their right, under an investment agreement, and increasing their…

Allwyn – OPAP merger: A global giant worth 16 billion euros is being created

Allwyn International AG and OPAP S.A. announced that their Boards of Directors have approved the business combination of the two groups, through a transaction that includes the combination of all…

Monday, 13 October 2025

IRIS: Mandatory for all businesses with QR Code as of November 1

DIAS interbanking system has recently made improvements to the IRIS direct payment system in order to avoid any errors in the process of sending money. Before completing the payment, the…

Avramar sees improved revenue and EBITDA in 2025

Avramar is expected to register revenue of 300 million euros and EBITDA of around 50 million euros in 2025, based on “N” sources. Meanwhile, the management of the company is…

THEON acquires a 9.8% stake in Exosens

THEON strengthens its position in the production of Image Intensification Tubes for defense and security by acquiring a 9.8% stake in Exosens SA (EXOSENS) for a cash consideration of 268.7…

Travlou: Uncertainty about the path chosen for the decarbonization of shipping

The president of the Association of Greek shipowners, Melina Travlou, expressed her strong concern that the decarbonization plan promoted by the International Maritime Organization will not be able to achieve…

D-Marin presents its plans for shaping the future of marinas

D-Marin, the leading premium marina network, will play a leading role for the second consecutive time at the ICOMIA World Marina Congress (IWMC), which will take place on 15-17 October…

Over 110 Greek-German B2Bs in the shipping industry

More than 110 B2Bs contacts between 43 Greek and 11 German companies in the shipping sector will take place during a business mission from Germany, which will take place in…

Intralot-Bally’s transaction completed in a market worth 200 billion euros

The day after the completion of the Intralot – Bally’s deal leads to the creation of a global champion in the lottery and iGaming industries with enhanced economies of scale,…

Friday, 10 October 2025

Electricity exports reach historic high

Electricity exports reached a historic high in the first half of 2025. According to data from IPTO, the country’s export balance expanded from 22 GWh in 2024 to 571 GWh…

Stem Shipping president awards the captain of Magic Seas

In a symbolic gesture, Stem Shipping and the company’s president, Michalis Bodouroglou, awarded the captain of the bulk carrier Magic Seas, which was attacked with missiles and torpedoes by the…

Amazon Web Services: 34% of Greek businesses adopt AI

The percentage of Greek businesses that are trying to unlock the benefits of Artificial Intelligence and are now systematically using AI has risen to 34%, compared to 22% last year,…

Papathanassis: Greece among the first EU countries in implementing the Recovery Fund

Greece remains among the first EU countries in the implementation of the Recovery Fund, while a positive assessment by the European Commission of the 6th request for payment of grants…

Greek-German economic relations at the center of Dr. Joachim Nagel’s meeting with executives of the Hellenic-German Chamber of Commerce

The President of the German Federal Bank and member of the ECB Board of Directors, Dr. Joachim Nagel, exchanged views with members of the German-Hellenic Chamber of Commerce and Industry…

Strategic agreement between METLEN and Karatzis Group for the largest standalone energy storage unit in Greece

METLEN and Karatzis Group of Companies are entering into a new strategic partnership, through their participation in a joint investment scheme with percentages of 49% and 51% respectively, for the…

Piraeus -Oracle renew cooperation with the signing of a new Memorandum of Cooperation

Piraeus Bank and Oracle announced the expansion of their strategic partnership with the signing of a new Memorandum of Understanding (MoU). This new agreement further strengthens the strategic relationship between…

Shipping: LNG is a “protagonist” in green transition

Liquefied natural gas (LNG) is emerging as a leading player in the decarbonization of shipping, responsible for approximately 3% of global emissions. Given the obstacles to the development of alternative…

Thursday, 09 October 2025

Top Ships sets sail on megayachts with profits

Tοp Ships enjoys the results of its opening, in the yacht sector. The company is owned by Evangelos Pistiolis, which manages a fleet of eight tankers. In April, the company…

PPC Group: Construction of 2.13 GW photovoltaic power plants in Western Macedonia reaches 90% completion

Renewable Energy projects in Northern Greece are moving ahead at a fast pace and within schedule, focusing on the areas around the Thermal Power Plants of Ptolemaida, Kardia, Agios Dimitrios…